Fresh Look Reviews
Fresh, unique perspectives on recent books from across the hemisphere originally published in English, Spanish and Portuguese.
Policy Updates
A snapshot of policy trends and successes in the region.
Protests Continue as Brazilian Real Reaches Four-Year-Low
The real depreciated to a four-year low (R$2.1815 per U.S. dollar) on Tuesday as protests against corruption and bad governance continued to swell in the streets of 12 Brazilian cities. The real has declined 9 percent since March forcing the Central Bank to take action to reduce inflationary pressure. While the Brazilian police were preventing … Read more
Argentine Farmers Announce Five-Day Strike
Four of Argentina’s main farm associations announced on Tuesday a five-day commercial strike that will begin this weekend to protest the Argentine government’s market regulations. Argentine farmers, one of the largest global providers of food, will stop selling livestock and grain from Saturday, June 15, through Wednesday, June 19. The strike is motivated by rising … Read more
En el socialismo venezolano, las cosas no pueden ser regaladas
Cuando Hugo Chávez asumió la presidencia de Venezuela en 1999, apenas 11 por ciento de la población era rural. En diciembre pasado, al despedirse de la nación a la cual gobernó por más de una década, la cifra había caído a 6 por ciento. Promesas de una revolucionaria reforma agraria, millones de dólares en créditos … Read more
New Push for Stronger Russia-Mexico Ties
Mexican Secretary of Foreign Affairs José Antonio Meade met with Russian Senator Valentina I. Matvienko president of the Federation Council of the General Assembly in Mexico City, to celebrate a cooperation agreement signed earlier in the week that highlights the importance of stronger relations between the two countries. During a ceremony earlier this week Ernesto Cordero, president of Mexico’s Permanent … Read more
Inflation in Brazil
In March, inflation in Brazil surpassed the government’s target ceiling for the first time since 2011 as the country’s IPCA consumer price index, which is produced by the Instituto Brasileiro de Geografia e Estatistica, rose 6.59 percent over 12 months—just above the target of 6.5 percent. The impact on the economy was felt quickly by … Read more
Empresas Polar Denies Accusations of Disrupting the Venezuelan Economy
Update, May 15, 2013: President Nicolás Maduro and Lorenzo Mendoza, president of Empresas Polar, met last night and resolved their differences, with both pledging to work together to overcome any food shortages. May 14, 2013 – Lorenzo Mendoza, head of Empresas Polar S.A., Venezuela’s largest privately-held food company, refuted government claims that his business is … Read more
Maduro Ends His Mercosur Tour in Brasilia
Venezuelan president Nicolás Maduro marked the end of his three-day trip through Uruguay, Argentina and Brazil yesterday with a meeting in Brasilia with President Dilma Rousseff to highlight Venezuela’s strategic alliance with Brazil. Maduro traveled to Mercosur member countries for his first trip post-presidential election in an effort to consolidate bilateral ties. In Uruguay, his … Read more
Brazil’s Second-Best Financial Strategy
In November 2009, the cover of The Economist showed the iconic Christ statue overlooking Rio de Janeiro blasting off into outer space. This image, along with the cover headline, “Brazil Takes Off,” represented the Carnaval-like euphoria about Brazil that infected journalists and financial markets at the time, buoyed by the country’s impressive economic performance in … Read more
The Next Step: Latin America’s Growing Economies
Latin America has bounced back economically in the past decade. Between 2002 and 2012, the region has seen strong and stable growth, low inflation and improved economic fundamentals. As a result, the weight of the region in global economic output increased from about 6 percent in the 1990s to 8 percent in 2012. With that … Read more
How Long will Cuba Avoid Economic Reform?
The framework of U.S.-Latin American relations, including relations with Cuba, has grown more complicated following the death of the late Venezuelan President Hugo Chávez. Even if Nicolás Maduro remains the Venezuelan president after his controversial victory over Henrique Capriles, it is not likely that oil-rich Venezuela will continue subsidizing the economies of Cuba, Nicaragua, Bolivia and various Caribbean … Read more
What Can the Cuban Regime Offer to International Investors?
Given Cuba’s imminent loss of subsidies and other types of donations from Venezuela, various media outlets have broadcast the Castro regime’s supposed strategy to attract foreign investments to the island. Like actors in a road movie, the authorities of the Cuban regime have gone on a crazed search for investments as if time were running … Read more
Monday Memo: Venezuela’s Elections – U.S. Immigration – Argentina’s Debt – 2016 Olympics – Venezuelan Currency
Top stories this week are likely to include: Nicolás Maduro and Henrique Capriles kick off their campagins; U.S. business and labor leaders reach an agreement on immigration; Argentina faces a court ruling on its debt; Brazil faces more stadium-related woes; and Venezuela auctions $200 million in foreign currency. Maduro and Capriles Face Off: Venezuela’s interim … Read more
